Episode 270: After a Lost October, WASDE Returns in November

The November WASDE dropped Friday, November 14th, marking a return to normalcy as the longest government shutdown in history came to an end and USDA began to process and release more than a month of unpublished data.Surprises abounded, and markets oscillated between responding to new and confirmed information and reacting to the latest comments and updates from the Trump Administration in the hours after the report.This week, DTN Lead Analyst Rhett Montgomery joins us to not only tackle the first WASDE in nearly two months, but also to bring us up-to-date on all the market news we might have missed since the September WASDE release. In addition to taking a deep look at the balance sheets for the major grains, we’ll also talk about tariff news that’s been driving price fluctuations, and explore the space between trade commitments and actual sales on the books. We’ll also plug into the global picture, and learn how finding the signal in the noise around stocks and usage offers some optimism for even the most bearish soybean traders. Finally, we’ll hear what Rhett is on the lookout for as combines are officially put up for the year.